The sudden development of the mankind at the turn of the 19th and 20th centuries brought along the growth in importance of exploiting the energy of different type. When uninterruptedly a demand for the energy is growing, and abilities of increasing the supply for her are limited, we can deal...

Transitioning to the green economy relies on new developments that may negatively affect people's localities and involve certain risks. This study investigates how people form opinions about such developments, using mineral exploration and mining as an example. A representative sample (N=1000)...

A common assumption in macroeconomics is that energy prices are determined in a world-wide, rather frictionless market. This no longer seems an adequate description for the situation that much of Europe currently faces. Rather, one reading is that shortages exist in the quantity of energy...

This study uses a structural vector autoregressive (SVAR) model to examine the relationships between the intensity of drilling (i.e. investment) for natural gas production, natural gas withdrawals, economic activity and natural gas prices in the United States. The results show that the reaction...

The distributional and disruptive effects of energy supply shocks are potentially large. We study the effectiveness of alternative fiscal responses in a two-country HANK model that we calibrate to the euro area. Energy subsidies can stabilize the domestic economy, but are fiscally costly and...

While fossil fuel prices soar during the 2022 global energy crisis, the European Union activates all available fossil-fuel levers and Greece still plans to use natural gas as a transition fuel for delignitisation, with strong concerns over potential exacerbation of energy poverty and hurdles to...